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Kuwait Finance House (Arabic: بيت التمويل الكويتي) (KFH) was established in the State of Kuwait, in 1977, as the first bank operating in accordance with the Islamic Shari'a rulings. KFH is listed in Kuwait Stock Exchange (KSE), with a market capitalization of $8.2 billion (KWD 2.49 billion) as of May 2016.
This is a list of banks in Kuwait. All the following local (11 nos.) & foreign (11 nos.) banks are registered with Kuwait Banking Association . [ 1 ] The Central Bank of Kuwait supervises the 32 Exchange Companies that operate within Kuwait.
KAMCO Investment Company KSC (KAMCO) was established in 1998 as a subsidiary of United Gulf Bank (UGB) – the investment banking subsidiary of Kuwait Projects (Holding) Company, i.e., KIPCO and specialises in asset management and financial services in Kuwait and the Middle East and North Africa (MENA).
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Kuwait City: 1953 Airline P A Kuwait Finance House (KFH) Financials Banks Kuwait City: 1977 Islamic bank P A Kuwait National Petroleum Company: Oil & gas Exploration & production Kuwait City: 1960 Petrochemicals S A Kuwait Oil Company: Oil & gas Exploration & production Al Ahmadi: 1934 Oil exploration, part of Kuwait Petroleum Corporation: P A
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Kuwait Finance House initiated discussions about a possible merger with Ahli United Bank in July 2017. However, the deal encountered delays, with the Central Bank of Kuwait requesting a reassessment in March 2020 due to the COVID-19 pandemic. In 2022, Kuwait Finance House's completed its acquisition of Ahli United Bank for $11.6 billion.